World

226 years after the establishment, New York Stock Exchange has appointed its first female leader. Stacey Cunningham will be elevated to the leadership role from her current position of chief operating officer. Her appointment means that both NYSE and the technology-focused Nasdaq exchange will now be run by women. Ms …

The Commission has adopted a new policy framework, which aims to increase humanitarian funding for education in emergencies and crises to 10% of its overall humanitarian aid budget as of 2019. The policy also aims to bring children caught up in humanitarian crises back to learning within 3 months. The …

Products worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in Azerbaijan in January-April 2018, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2 percent, while the manufacture of finished metal products grew …

Azerbaijan’s State Fund for Development of Information and Communication Technologies has so far financed 112 startup projects, Minister of Transport, Communications and High Technologies Ramin Guluzade said at a ceremony of presentation of winners of the Microsoft Imagine Cup Azerbaijan contest on May 15. Guluzade noted that about 1,000 startup …

The issuance of visas to foreigners at the International Heydar Aliyev airport through ASAN Visa self-service terminals started on May 15. Citizens of 15 countries including Bahrain, UAE, South Korea, China, Iran, Israel, Indonesia, Kuwait, Qatar, Malaysia, Oman, Saudi Arabia, Singapore, Turkey and Japan will be able to get a …

Hungarian Team Wins Unlimited Travel For 1 Year In Wizz Network. Wizz Air, one of Europe’s fastest growing airlines and the leading low-cost carrier in Central and Eastern Europe, is announcing the winners of the second edition of the WIZZ Youth Challenge. During this international case competition, university and college …

The High Tech Park LLC operating under the Azerbaijani Transport, Communications and High Technologies Ministry and the American Chamber of Commerce in Azerbaijan (AmCham) signed a memorandum on cooperation in the IT sector, trend.az reports. The document stipulates formation of a roadmap for long-term strategic cooperation between the parties. Within …

Azerbaijan exported oil worth $146 million to Ukraine in January-April of 2018, the Ukrainian media reported, referring to the data from the State Fiscal Service of Ukraine. Reportedly, 94.3 percent of oil supplies to Ukraine came from Azerbaijan. The other suppliers were Algeria, with oil imports of $7.2 million (4.6 …

Electronic cigarettes are currently known for being “less damaging” than traditional smoking but they still cause harm and people should not use them to cut smoking, EU health chief told EURACTIV.com. “E-cigarettes are under thorough scientific scrutiny and we are currently collecting data. At the moment, it’s known that e-cigarettes are less …

KIEV: Ukraine has sharply increased injections of natural gas into underground storage, data from gas transport monopoly Ukrtransgas showed on Thursday. Ukrtransgas injected about 56 million cubic metres (mcm) of gas into underground storage on May 1, up from 38 million a day earlier and 28 million on April 29. …

Turkey’s currency hit another record low against the dollar on the morning of May 3 after official data showed the inflation rose higher than expected in April. The Turkish lira, one of the worst performing emerging market currencies this year, weakened to a record low of 4.2487 against the dollar, …

Jan Koum, the co-founder of WhatApp, the Facebook-owned messaging app is leaving over privacy conflict and encryption. The Washington Post earlier reported about Facbook’s attempt to use WhatsApp personal data and weaken its encryption. According to the Washington Post, Jan Koum will quit his job at Facebook Board of Directors …